Post
Topic
Board Bitcoin Discussion
Re: CBDC will make Bitcoin MORE valuable
by
DooMAD
on 17/02/2022, 14:15:58 UTC
But human nature seems to suggest they'll have to have a bad experience first before they consider other alternatives to what the government are pushing.  

the whole media narrative that chinese government controls all currency, are watching everything, everyone has to use one system.. is FALSE..

For the record, my comments aren't specific to China.  They just happen to be the ones on track to roll out their CBDC first.  I suspect all governments, if they get on board with the switch to digital money, will look for ways to pressure people into using it.

Believe me when I say I'm fully aware that the UK government can be just as totalitarian as any other at times.  I would be equally concerned if they were trialling a similar system here.  Fortunately, given the utter shambles of 'Dido Test and Trace', I'm fairly confident the government is too inept and gormless to accomplish something on a technical scale of that magnitude.  The UK should be safe from CBDCs for at least another decade, probably longer, because we're simply too fucking stupid as a nation to elect competent people into positions of power.   Cheesy